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SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors
18.9.2024
The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first...
US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing
17.9.2024
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys
US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing
17.9.2024
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys
Some pro-crypto Trumpers suggest he ‘lost their votes’ after token launch
17.9.2024
Though many Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising...
Trump’s World Liberty Financial Crypto Venture Reveals WLFI Token Structure
17.9.2024
Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team, including the Trump family, and 63% for public sale....
Hong Kong prepares AI guidelines for finance sector
17.9.2024
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week
Ex-SEC officials to speak at hearing on ‘politicized approach’ to crypto
17.9.2024
US House lawmakers will hear from a former SEC commissioner and crypto industry leaders at their “Dazed and Confused” digital assets hearing on Sept. 18
Is an ex-Celsius exec planning to attend Token2049?
16.9.2024
The timing of a travel request filed by Roni Cohen-Pavon in US court coincides with a crypto conference that Celsius executives have previously attended
50 days until US election, crypto Super PAC pours $7.8M into Senate races
16.9.2024
Crypto interest groups could determine whether Democrats or Republicans have a majority in the US Senate in 2025 by backing candidates in crucial November races
UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK
16.9.2024
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
16.9.2024
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks...
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
16.9.2024
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where...
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
15.9.2024
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset...
Circle predicts stablecoins will become mainstream global payment method
15.9.2024
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space
Circle predicts stablecoins will become mainstream global payment method
15.9.2024
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
14.9.2024
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which will establish additional requirements...
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
14.9.2024
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
14.9.2024
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses
Meta to resume AI training in UK after regulatory pause
14.9.2024
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook